December 13, 2007 08:24 ET

AuctionSHARK Obtains Financing, Passes Million User Milestone

Shopping Comparison Website Also Now Gives Users the Ability to Access Online Store and Auction Prices Using Text Messaging

CASTLE ROCK, CO--(Marketwire - December 13, 2007) - AuctionSHARK, Inc. (AuctionSHARK) announced that it has obtained approximately $350,000 in financing from private equity firm Boat Capital Partners, and has now provided its unique and free online shopping comparison service to over one million unique users.

AuctionSHARK also recently introduced a new mobile application where users can get the best prices from Online Stores and eBay Auctions by sending a text message to using their mobile phone's Text Messaging.

Results are provided by the's powerful shopping search engine, which searches and provides results from more than 100 million item listings from top online auction site eBay ( as well as more than 6,000 online stores.

"Our equity financing allows us to enhance, and to expand our advertising relationship with Yahoo! and Google," said Michael Zak, founder and CEO at AuctionSHARK. "Our monthly unique user count has tripled in the last two months, and our revenue per user is up 25%. We expect our new text messaging feature will attract even more satisfied customers."

About AuctionSHARK

AuctionSHARK is committed to providing the best tools and services for online auction and store shoppers. At any given moment, is searching more than 100 million product listings across multiple listing platforms. The company continues to develop products and services designed to empower online shoppers. For more information, visit

About Boat Capital Partners, LLC

Boat Capital Partners, LLC provides early stage private equity to finance the development, expansion, or acquisition of growth companies within the communications, media, and software industries. Boat,, also provides executive management and corporate staff services when helpful.

AuctionSHARK is a trademark of AuctionSHARK, Inc. in the United States and/or other countries. The names of actual companies and products mentioned herein are the trademarks of their respective owners.

Contact Information

  • Contact:
    Michael Zak
    Email Contact

    Mark Haverkate
    Boat Capital Partners, LLC